February, 2020, Mortgage Market Share Report

March 24, 2019

My, how quickly things can change.

As recently as two weeks ago, 2020 was shaping up to be a tremendous year. Now . . . the next few months will be challenging on many levels, both personal and professional, for most of us.

Anecdotally, the purchase market is showing signs of a significant slowdown. I’ll be watching our order counts and new MLS data from the Realtors® for real numbers. The recent volatility of interest rates is adversely affecting refinance volume as well.

I am optimistic that both markets are only being delayed, not permanently changed.

If you are not receiving our frequent updates about how COVID-19 is affecting our closing protocols, please email customerservice@johnbtitle.com.

For now, we remain open and ready to help you and your clients.

Be smart. Be safe. We’re all in this together.

~ John Bethell